Solar PV is one kind of device made from crystalline silicon or thin film which converts solar energy into electricity by a process known as the photovoltaic effect. The key indicator for solar PV is conversion efficiency.
This report aims to provide a comprehensive presentation of the global market for Solar PV, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar PV. This report contains market size and forecasts of Solar PV in global, including the following market information:
- Global Solar PV Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Solar PV Market Sales, 2018-2023, 2024-2029, (GWh)
Global top five Solar PV companies in 2022 (%)
The global Solar PV market was valued at US$ 50040 million in 2022 and is projected to reach US$ 56760 million by 2029, at a CAGR of 1.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Solar PV market include Hanwha, Sharp, First Solar, etc., and the market concentration rate is low. China and Japan are main markets, they occupy about 50% of the global market. Crystalline Silicon is the main type, with a share about 90%. Ground Station is the main application, which holds a share over 60%.
We surveyed the Solar PV manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar PV Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (GWh)
Global Solar PV Market Segment Percentages, by Type, 2022 (%)
- Crystalline Silicon
- Compound Type
- Others
Global Solar PV Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (GWh)
Global Solar PV Market Segment Percentages, by Application, 2022 (%)
- Residential
- Commercial
- Ground Station
Global Solar PV Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (GWh)
Global Solar PV Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Solar PV revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Solar PV revenues share in global market, 2022 (%)
- Key companies Solar PV sales in global market, 2018-2023 (Estimated), (GWh)
- Key companies Solar PV sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Hanwha
- Sharp
- First Solar
- Kyocera Solar
- SunPower
- REC Group
- Solar Frontier
- Solarworld
- NSP
- SoloPower
- Trina Solar
- Yingli
- Canadian Solar
- Jinko Solar
- JA Solar
- ReneSola
- Shunfeng
- Chint Group
- Hareonsolar
- Eging PV
- Risen
- HT-SAAE
- CSUN
- BYD
- Hanergy
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Solar PV, market overview.
- Chapter 2: Global Solar PV market size in revenue and volume.
- Chapter 3: Detailed analysis of Solar PV manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Solar PV in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Solar PV capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
